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Has anyone else received 14 IRS letters in one day?

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June
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Has anyone else received 14 IRS letters in one day?

Post by June »

It is not my intention to have a political debate here, but wondering if anyone even is being audited for 14 years? I have my broker looking into it, and he feels it must be a mistake. He is with the biggest brokerage house here in the states. Its just strange to go to my mailbox and find a pile of IRS letters. Mainly i am curious if I am the only one... Count them! 14, it must be a record!!! :lol: :lol: :lol: :lol: :lol: :lol: :lol: June
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abscate
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Post by abscate »

That’s a classic computer glitch. The IRS has been crippled with lack of funding, then people wonder why they can’t perform. I’ll bet they are duplicates.

I am not a lawyer and this is not legal advice but the IRS generally only audits 3 years prior for people who live cleanly.
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Post by RickHaleParker »

Take it as a complement. Your noticeable. 14 years worth.
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June
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Post by June »

No duplicates... 2019 back. My financial affairs are managed by the same professionals since the 80s so i know all is correctly filed. I pay taxes each year, no refund for me!🤣 i just wondered if anyone else got a pile of envelopes ala IRS?! June
My Volvo cars owned
1989 740 GLT ordered
1994 850 4door standard shift ordered
1996 960 ordered
1998 S90 ordered totalled after 3 weeks
1998 V70 GT dealer stock car
2002 S80 T6 ordered totalled
2004 S80 T6 dealer stock car and current car owned

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volvolugnut  
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Post by volvolugnut »

Nope. Never 14. Occasionally one at a time and about 3 total in 20 years. A good CPA, who prepared the returns, will write the letters back telling them they are right or wrong. That gives a lot of peace of mind.

I have read that the IRS is greatly understaffed now. Recently an article quoted a CPA that worked as an IRS auditor in the 1970's. He said in the 80's, after he left the IRS and started preparing taxes, he would warn clients not to cheat on their taxes and they would listen. By the 1990's, his clients would laugh and tell him no one they knew ever got audited.

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abscate
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Post by abscate »

It’s all LLC and corporations that cheat. You can’t cheat if you are a W2 employee. Well, you can, but they will catch up to you eventually.

IRS estimates of annual cheating is 1T usd. That’s with a T. That’s the entire Defense budget.
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Post by abscate »

RickHaleParker wrote: Fri Apr 16, 2021 5:58 am Take it as a complement. Your noticeable. 14 years worth.
I can’t believe I missed this one on my beautiful friend June , with her Volvo history.


I bet you did too many IRA rollovers ......

:lol: :lol: :lol:
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Post by volvolugnut »

abscate wrote: Fri May 07, 2021 5:48 am
RickHaleParker wrote: Fri Apr 16, 2021 5:58 am Take it as a complement. Your noticeable. 14 years worth.
I can’t believe I missed this one on my beautiful friend June , with her Volvo history.


I bet you did too many IRA rollovers ......

:lol: :lol: :lol:
That one nearly had me rolling on the floor!

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Post by matthew1 »

I got one IRS letter the other day and it made my heart skip. "Oh no, oh no no." I thought. Audit? Penalty from 2019 filing? No, just a letter from the president talking about stimulus checks. :? :roll:
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volvolugnut  
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Post by volvolugnut »

Yup. I had the same queasy feeling when I got my letter about the check.

volvolugnut
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